Tag: bitsellx

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Digital Asset ETFs Are the Top Underperformers of the Fund World

Exchange-traded funds (ETFs) that track digital assets and companies in the space have become the top underperformers of the fund world this year, as crypto prices have fallen significantly from their peak late last year. According to data compiled by Bloomberg, the three worst-performing non-leveraged ETFs listed in the US this year were all crypto-related…
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CZ Seals the Binance Love Affair With France – Says Paris is ‘Financial Hub for Crypto’ in Europe

France and the leading cryptocurrency exchange Binance have continued to deepen their relationship through collaboration, with founder and CEO Changpeng Zhao describeing capital Paris as the financial hub of crypto in Europe. … Read More: CZ Seals the Binance Love Affair With France – Says Paris is ‘Financial Hub for Crypto’ in Europe  Read more »Sign…
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Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax

India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges – but some major players are benefiting from this trend.  For Binance, the controversial levy has generated an additional 429,000 downloads of the exchange’s app in August, its highest result this year…. Read More: Binance Grows Fast in…
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SEC Chair Gary Gensler Has a ‘Flexible’ Way for Tokens to Register – Is this Good News for Crypto?

Chair of the Securities and Exchange Commission (SEC) Gary Gensler is intensifying the regulator’s work on extending regulation over the crypto industry. In his latest testimony at the US Senate, the official declared he has a ‘flexible’ way for tokens to register with the agency, but his previous crypto-skeptical comments indicate crypto industry players could…
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Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows

Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market levels,” the firm said. Chainalysis’ Latest Cryptocurrency Adoption Index Chainalysis published an excerpt of its…
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Cowboy Maverick Johnny Cash Mines 2.6 BTC Jackpot in Gold Rush at Bitcoin.com’s Crypto Casino

Gold Rush with Jonny Cash dishes out a massive win of 2.6 BTC! Massive Win on Casino Slot Jackpot wins on our crypto casino Bitcoin.com Games have become a regular phenomenon with players winning insane amounts of BTC every month. Just yesterday, a lucky player’s mining adventures on the smashing slot game Gold Rush with…
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Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes…
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South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report

According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued a warrant for Kwon’s arrest. Local Report Says South Korean Officials Are Targeting Do…
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Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake

Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work. Transitioning the Ethereum blockchain from proof-of-work to proof-of-stake has reduced its energy usage by more than 99% — and many climate activists have called for Bitcoin to follow suit.  In a Thursday notice following the Merge, the…
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Most of the crypto market is down, but Cosmos (ATOM) price is up — Why?

BTC, ETH and most altcoins sold-off heavily as the Merge began, but ATOM is bucking the trend with a near double-digit gain. The Ethereum Merge has finally happened. It’s over, and fortunately it went smoothly without any major hiccups. As predicted by many, the event turned out to be a “buy the rumor sell the…
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